Acquiring Company
MAPFRE U.S.A. Corporation
Acquired Company
Safety Insurance Group
BostonFinancial ServicesInsuranceDescription
Mapfre USA has announced its acquisition of Safety Insurance Group, which is set to close in Q1 2027. This merger will create the second largest writer of Private Passenger Auto insurance in New England. The deal aims to enhance Mapfre's service offerings and strengthen its market position throughout the Northeast. Following the merger, Safety will operate as a wholly owned subsidiary of Mapfre USA.
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Based on deal dataFrequently asked
Who acquired Safety Insurance Group?
Safety Insurance Group was acquired by MAPFRE U.S.A. Corporation, based in Boston. The deal was reported on July 27, 2026. MAPFRE U.S.A. Corporation is a leading provider of insurance and reinsurance services in the United States. The company offers personal automobile, commercial automobile, and homeowners insurance. MAPFRE U.S.A. Corporation is privately held and operates in Financial Services.
When did MAPFRE U.S.A. Corporation acquire Safety Insurance Group?
MAPFRE U.S.A. Corporation's acquisition of Safety Insurance Group was reported on July 27, 2026. Mapfre USA has announced its acquisition of Safety Insurance Group, which is set to close in Q1 2027. This merger will create the second largest writer of Private Passenger Auto insurance in New England. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Safety Insurance Group do?
Safety Insurance Group, Inc. is a Delaware-based company that specializes in providing insurance products. They focus on offering a wide range of personal and commercial insurance solutions. It is publicly traded (SAFT).